♪.

TED: COMING UP NEXT ON "ARIZONA HORIZON," A CONVERSATION WITH CONGRESSWOMAN YASSAMIN ANSARI ON THE RECENTLY PASSED FEDERAL BUDGET AND POLICY BILL.

>>> ALSO TONIGHT, THE VALUE OF THE DOLLAR HAS WEAKENED TO LEVELS UNSEEN IN HALF A CENTURY.

>>> AND WE'LL HEAR ABOUT THE DANGERS OF HIKING ARIZONA TRAILS IN EXTREME HEAT.

THOSE STORIES AND MORE NEXT ON "ARIZONA HORIZON."

.

TED: GOOD EVENING, AND WELCOME TO "ARIZONA HORIZON."

I'M TED SIMONS.

PHOENIX HAS A NEW POLICE CHIEF, MATT GIORDANO FORMER DEPARTMENT COMMANDER AND ARIZONA DIRECTOR OF STANDARDS AND TRAINING BOARD, A REGULATORY BOARD.

GIORDANO SERVED UNDER FORMER MARICOPA COUNTY SHERIFF PAUL PENZONE, RETIRED AS COMMANDER WITH PHOENIX PD AFTER MORE THAN 20 YEARS ON THE JOB.

TODAY'S ANNOUNCEMENT ENDS A MONTH-LONG NATIONWIDE SEARCH.

GIORDANO WAS ONE OF THREE FINALISTS TO SUCCEED MICHAEL SULLIVAN WHO WITHDREW HIS CANDIDACY.

>>> OTHER HEADLINES -- THE DEATH TOLL FROM FLOODS IN CENTRAL TEXAS IS 111 WITH 160 OTHERS STILL MISSING.

NO SURVIVORS FOUND SINCE FRIDAY AND HOPES OF FINDING ANYONE STILL ALIVE ARE GROWING DIM.

MANY OF THOSE MISSING DID NOT REGISTER IN AREA HOTELS OR CAMPS.

FLOODS ARE AMONG THE DEADLIEST DISASTERS IN DECADES FOR CHILDREN, MANY OF WHOM ATTENDS A SUMMER CAMP FOR GIRLS.

>>> PRESIDENT TRUMP ANNOUNCED HE'S IMPOSING A 50% TARIFF ON COPPER IMPORTED INTO THE U.S.

THE PRESIDENT DID NOT MAKE CLEAR WHEN THAT NEW TARIFF WOULD TAKE EFFECT SAYING ONLY, QUOTE, TODAY WE'RE DOING COPPER.

OF NOTE, COPPER IS A KEY COMPONENT IN THE MANUFACTURING OF VARIETY OF GOODS INCLUDING ELECTRONICS, MACHINERY, CARS, ALL OF WHICH COULD BE MORE EXPENSIVE TO PRODUCE WITH ADDED TARIFFS.

ARIZONA IS HOME TO THE LARGEST COPPER PRODUCER IN THE COUNTRY FREEPORT MCMORAN.

>>> AND THE U.S. CLEARED THE WAY FOR PRESIDENT TRUMP TO DOWNSIZE THE FEDERAL WORKFORCE FOR NOW.

OVERRIDING LOWER COURT ORDERS THAT FROZE THE CUTS.

DESPITE WARNINGS THAT CRITICAL GOVERNMENT SERVICES WILL BE LOST AND HUNDREDS OF THOUSANDS OF FEDERAL EMPLOYEES WILL LOSE THEIR JOBS.

THE CASE IS CONSIDERED A KEY TEST OF HOW FAR PRESIDENT TRUMP CAN GO TO ORGANIZE THE GOVERNMENT WITHOUT INPUT FROM CONGRESS.

>>> A FEDERAL BUDGET AND POLICY BILL SIGNED INTO LAW BY PRESIDENT TRUMP LAST FRIDAY.

THE BILL WAS EXTENDING A TAX CUT THAT WAS SET TO EXPIRE, ALSO INCLUDED CUTS TO MEDICAID AND FOOD STAMP PROGRAMS FOR THOSE ON LOW INCOMES.

JOINING US ARIZONA CONGRESSWOMAN YASSAMIN ANSARI.

YOU'RE BACK IN D.C., CORRECT?

>> I AM, I'LL BE BACK IN PHOENIX TOMORROW.

TED: VERY GOOD.

GOOD TO HAVE YOU BACK.

I WANT TO TALK TO YOU NOW, WE WANT TO GET YOU AS SOON AS POSSIBLE AFTER THE SIGNING, AND PASSING OF THE RECONCILIATION BILL.

YOU HAD LOTS TO SAY ABOUT IT.

WHAT DO YOU SAY ABOUT IT NOW?

>> THANK YOU FOR HAVING ME, TED.

THERE'S NO WAY TO SUGAR COAT IT.

THE TRUMP BUDGET BILL IS GOING TO BE DEVASTATING FOR ARIZONA.

THERE ARE 365,000 ARIZONANS WHO RELY ON MEDICAID, RELY ON S.N.A.P.

AND FOOD ASSISTANCE WHO ARE GOING TO BE IMPACTED BY THE BILL.

THE BILL IS A MASSIVE JOB KILLER FOR ARIZONA.

I'VE TALKED TO EVERYONE FROM LABOR UNION LEADERS INCLUDING CONSERVATIVE LABOR UNION LEADERS, ELECTRICIANS, CONSTRUCTION WORKERS.

THOSE WHO ARE BUILDING THE CLEAN ENERGY FUTURE IN ARIZONA, WHO DO NOT UNDERSTAND HOW THIS COULD BE POSSIBLE, AND FINALLY THE BILL RAISES THE DEFICIT AND IT'S VERY ALARMING TO SEE THAT COLLEAGUES FROM THE OTHER SIDE OF THE AISLE WHO HAVE LONG BEEN FINANCIALLY CONSERVATIVE PROPONENTS AND PROPONENTS OF REDUCING THE DEFICIT THAT OUR COUNTRY HAS JUST VOTED ON A BILL THAT WILL RAISE THIS COUNTRY'S DEFICIT BY $3.3 TRILLION.

FINALLY FOR ARIZONA, THE IMPACT IS INCREASED FUNDING TO I.C.E.

IN MY DISTRICT IN PARTICULAR BUT REALLY IN DISTRICTS ACROSS THE ENTIRE STATE, I'VE TALKED WITH SMALL BUSINESS OWNERS, TO SCHOOL LEADERS, PRINCIPALS, TEACHERS WHO HAVE HAD THEIR ENTIRE APPARATUS COMPLETELY DEVASTATED.

PEOPLE ARE IN FEAR BECAUSE OF THE I.C.E.

RAIDS THAT ARE HAPPENING BECAUSE FAMILIES ARE SEPARATED FROM ONE ANOTHER BECAUSE IMMIGRANTS FROM ALL BACKGROUNDS ARE BEING TARGETED, AND THIS BILL INCREASES FUNDING FOR THE DEPARTMENT OF HOMELAND SECURITY BY $175 BILLION.

SO RIPPING AWAY HEALTH CARE FROM ARIZONANS TO FUNNEL MORE MONEY INTO FAMILY SEPARATION AND DETENTION.

TED: START WITH THE HEALTH CARE ASPECT OF THIS.

REPUBLICANS SAY THEY'RE NOT CUTTING, THEY'RE JUST MAKING SURE THAT ABLE-BODIED FOLKS WHO SHOULD BE WORKING AND RECEIVING MEDICAID ARE THOSE RECEIVING MEDICAID.

I'VE HEARD THE QUOTE MORE THAN ONCE, THOSE SITTING ON THE COUCH?

>> THAT'S NOT TRUE.

AND AS MUCH AS THE REPUBLICANS -- ESPECIALLY THE ONES FROM ARIZONA, WANT TO KEEP REPEATING LIES, THE NONPARTISAN CONGRESSIONAL RESEARCH OFFICE HAS MADE VERY CLEAR THE NUMBERS IN EACH DISTRICT.

JUAN CISCOMANI'S DISTRICT, DAVID SCHWEIKERT'S DISTRICT, ABE HAMADEH'S DISTRICT ALL HAVE THOUSANDS OF CONSTITUENTS COMPLETELY THROWN OFF OF MEDICAID, AND YOU HAVE THE IMPACTS ON RURAL HOSPITALS AND COMMUNITY HEALTH CENTERS THAT MADE VERY CLEAR TO US THAT THEY HAVE TO SHUT THEIR DOORS BECAUSE OF THE MEDICAID CUTS.

WE'RE ALREADY IN A HEALTH CARE CRISIS IN ARIZONA, WE DON'T HAVE ENOUGH DOCTORS, DON'T HAVE ENOUGH ACCESS FOR WORKING-CLASS PEOPLE IN OUR STATE, AND WE'RE GOING TO SEE THE IMPACTS OF THAT AS A RESULT OF THIS BILL.

SO THEY CAN KEEP LYING TO PEOPLE, BUT THE IMPACTS WILL BE CLEAR, THIS BILL IS THE MOST UNPRECEDENTED TRANSFER OF WEALTH FROM THE WORKING CLASS TO THE POOR TO THE TOP 1% OF THIS COUNTRY.

TED: QUICKLY, THEY SAY THOSE FOLKS STILL QUALIFY, THOSE WHO QUALIFY NOW WILL QUALIFY THEN.

>> IT'S NOT TRUE.

TED: YOU'RE SAYING THAT'S NOT TRUE?

>> THAT'S NOT WHAT THE DATA SHOWS.

TED: THEY'RE SAYING IT'S MORE DIFFICULT TO PROVE, AND THERE IS ARGUMENT TO SAY IT IS SO DIFFICULT TO DOCUMENT YOUR EFFORTS IN GETTING A JOB, DOCUMENT ALL THIS, THAT AND THE OTHER, THAT WILL KNOCK PEOPLE OFF THE ROLLS?

>> I'VE TALKED TO PHYSICIANS IN OUR STATE.

I'VE TALKED TO HOSPITAL ASSOCIATIONS.

I'VE TALKED TO MEDICAL GROUPS, COMMUNITY HEALTH CENTER FIRMS IN MY DISTRICT, ALL OF THEM SOUNDED THE ALARM ON THIS.

THERE WAS AN EXCELLENT OP-ED BY A CD-1 RESIDENT AND PHYSICIAN WHO SOUNDED THE ALARM FOR MANY, MANY MONTHS AND GATHERING PHYSICIANS ON THIS ISSUE AND ALL HAVE MADE VERY CLEAR, NOT ONLY WILL PATIENTS BE THROWN OFF OF MEDICAID BUT WILL LIKE SHE TO SHUT THEIR DOORS AS A RESULT.

TED: WHAT ARE YOU HEARING FROM YOUR REPUBLICAN COLLEAGUES ON CAPITOL HILL, INHOUSE HERE.

TALK ABOUT INCREASING THE DEBT, AND THE CBO SAYS 3.3 OVER TEN YEARS, THAT'S A LOT OF INCREASE.

WHAT ARE YOU HEARING?

HOW ARE THEY JUSTIFYING THIS TO YOU, A FELLOW CONGRESS PERSON?

>> THE REALITY IS, I THINK THERE'S A LOT OF FEAR OF DONALD TRUMP.

HE HAS AN IRONCLAD GRIP ON THE PARTY.

WHAT I'VE SEEN IN MY FIRST SIX MONTHS IN CONGRESS IS MY REPUBLICAN COLLEAGUES ARE WILLING TO DO WHATEVER IT IS, EVEN IF IT MEANS SACRIFICING THEIR OWN SEATS IN CONGRESS BECAUSE THEY'RE AFRAID OF THE RETALIATION FROM THE ADMINISTRATION.

THAT IS THE TRUTH OF THE MATTER.

ON THE FINAL DAYS OF THE NEGOTIATIONS LAST WEEK, MANY OF THEM, INCLUDING REPRESENTATIVE CISCOMANI, HAD SAID THEY WOULDN'T VOTE FOR MEDICAID CUTS.

HE WROTE LETTERS, I HAVE MET WITH ORGANIZATIONS SAYING HE ASSURED THEM OF THIS, AND THEY TALKED TO THE PRESIDENT AND SUDDENLY EVERYTHING CHANGES.

THERE WERE A NUMBER OF REPUBLICANS WHO WENT TO THE WHITE HOUSE, IN THE FINAL HOURS DEALS WERE CUT, PROMISES MADE.

SENATOR MURKOWSKI IS A GREAT EXAMPLE OF THAT.

SHE WAS ABLE TO CARVE OUT SPECIFIC PROMISES FOR ALASKA, AND THAT IS WHAT IS HAPPENING, UNFORTUNATELY, AS A RESULT OF THE WAY THE PRESIDENT IS OPERATING, AND IT'S REALLY DISAPPOINTING TO SEE REPUBLICANS ARE NOT WILLING TO STAND UP FOR THEIR OWN CONSTITUENT.

THEY'RE WILLING TO SACRIFICE THEIR OWN CONSTITUENT'S HEALTH AND SAFETY AND PROSPERITY AND ECONOMIC FUTURES AT THE BEHEST OF THE PRESIDENT, ALL FOR TAX BREAKS FOR PEOPLE LIKE HIM AND HIS FAMILY, AND FOR PEOPLE THAT DONATED TO HIS CAMPAIGN, BILLIONAIRES WHO DONATED TO HIS CAMPAIGN AND WON THE PRESIDENCY.

TED: I WANT TO GET TO I.C.E.

AND THE IMMIGRATION ENFORCEMENT, REPUBLICANS WILL SAY THIS IS WHAT -- PEOPLE VOTED THEM INTO OFFICE, VOTED DONALD TRUMP INTO OFFICE, JUST FOR THIS REASON, MAYBE MORE THAN ANY OTHER.

IMMIGRATION ENFORCEMENT.

DO THEY HAVE A POINT?

>> I THINK MANY PEOPLE ARE REGRETTING THEIR VOTE ON THIS ISSUE.

WE'VE SEEN IT WITH A VARIETY OF IMMIGRANT COMMUNITIES ACROSS THE COUNTRY.

VENEZUELAN AMERICANS WHO DIDN'T THINK TPS STATUS WOULD BE AFFECTED AND THEY'RE SEEING FAMILY MEMBERS LOSE THE STATUS.

WE'RE SEEING THAT WITH CUBAN-AMERICANS.

SEEING EXAMPLES ACROSS THE BOARD, AND VIRAL VIDEOS ACROSS THE BOARD OF FAMILIES WHO SAID THEY VOTED FOR TRUMP, BUT THAT WE DIDN'T THINK, HE SAID HE WAS GOING TO GO AFTER SERIOUS CRIMINALS, RIGHT?

HE ALSO TALKED ABOUT MASS DEPORTATIONS BUT I THINK MANY PEOPLE HONED IN ON THE MESSAGE OF GOING AFTER SERIOUS CRIMINALS.

TRUTH OF THE MATTER IS THOSE WHO ARE ROUNDED UP BY I.C.E., 65% OF THEM HAVE NO CRIMINAL RECORD WHATSOEVER.

THESE ARE JUST PEOPLE WHO HAVE A VARIETY OF DOCUMENTATION STATUSES.

MANY OF WHOM HAVE TRIED TO COME HERE LEGALLY THROUGH THE RIGHT PROCESSES AND ARE NOW ROUNDED UP.

IT'S ALSO REALLY IMPORTANT TO NOTE THAT STEVEN MILLER, ADVISING DONALD TRUMP ON THESE ISSUES HAS SET PREPOSTEROUS QUOTAS THEY WANT TO MEET, THEY WANT TO DEPORT 3 MILLION PEOPLE PER YEAR.

THAT MEANS WE HAVE TO EXPAND OUR CURRENT I.C.E.

DETENTION CAPACITY FOUR TIMES OVER THAT.

MEANS PRIVATE PRISON COMPANIES LIKE GEOGROUP AND FOR CIVIC ARE MAKING BILLIONS TO DETAIN AND DEPORT PEOPLE.

YES, I BELIEVE THERE ARE SOME PEOPLE IN THIS COUNTRY WHO TRULY WANT IMMIGRANTS OF ALL BACKGROUNDS DEPORTED, AND IT'S VERY UNFORTUNATE, BUT MANY AMERICANS THOUGHT THAT THE ADMINISTRATION WAS TRULY GOING TO GO AFTER CRIMINALS AND THAT HAS NOT BEEN THE CASE.

TED: ONLY A COUPLE MINUTES LEFT HERE AND WANT TO TALK ABOUT THE U.S. MILITARY STRIKES ON IRAN.

YOU ARE IRANIAN-AMERICAN IMMIGRANT, YOUR PARENTS IMMIGRATED FROM IRAN.

DID THE U.S. DO RIGHT BY GOING AFTER THE NUCLEAR PROGRAM?

>> FIRST AND FOREMOST, IS THE PRESIDENT'S ACTION LEGAL?

SHOULD HE HAVE ASKED FOR CONGRESSIONAL AUTHORIZATION?

MY BELIEF BASED ON THE CONSTITUTION, IS THE PRESIDENT SHOULD HAVE BRIEFED CONGRESS AND ASKED FOR TLIESZATION BEFORE TAKING UNILATERAL MILITARY ACTION.

SECOND, WE NEED TO UNDERSTAND THE INTELLIGENCE, WHAT THE GOAL OF THIS WAS?

THUS FAR, THERE IS NO CLEAR RESPONSE BY THE ADMINISTRATION BACKED TO SHOW WE HAVE POSTPONED THE CREATION OF IRAN'S NUCLEAR PROGRAM AND ANY ADVANCEMENT TOWARDS A NUCLEAR WEAPON IN ANY SORT OF MEANINGFUL WAY.

SO MY CONCERN, AND THE CONCERN OF MANY OF MY COLLEAGUES, IS THERE IS A HIGH LIKELIHOOD THAT WHAT DONALD TRUMP'S ACTIONS HAVE DONE IS FURTHER EMBOLDEN THE ISLAMIC PUBLIC REGIME WHICH IS VERY DIFFERENT FROM THE IRANIAN PEOPLE.

IRANIAN PEOPLE ARE VEHEMENTLY AGAINST THE GOVERNMENT.

THEY COULD RUN FASTER TOWARDS A NUCLEAR WEAPON.

THEY ARE LESS INCLINED TO PURSUE NEGOTIATION AND COME TO A DIPLOMATIC SOLUTION, AND THAT IS THE ISSUE WHEN YOU HAVE A PRESIDENT CONDUCTING FOREIGN POLICY VIA SOCIAL MEDIA.

I HAVE NEVER SEEN SUCH ERRATIC OVER THE COURSE OF TEN DAYS.

THE PRESIDENT TWEETED EVERYTHING FROM TELLING A CITY OF 10 MILLION PEOPLE IN TEHRAN TO EVACUATE WHEN THEY OBVIOUSLY HAVE NOWHERE TO GO, TO THREATENING REGIME CHANGE AND SAYING HE'S GOING TO BOMB THE COUNTRY, TO CALLING FOR PEACE ALL WITHIN 72 HOURS.

THAT'S NOT HOW FOREIGN POLICY SHOULD EVER BE CONDUCTED IN THE UNITED STATES.

TED: REPRESENTATIVE YASSAMIN ANSARI.

ALWAYS A PLEASURE, GOOD TO HEAR FROM YOU.

THANK YOU FOR JOINING US.

CERTAINLY APPRECIATE IT.

.

TED: THE DOLLAR IS OFF TO ITS WORST START IN NEARLY HALF A CENTURY.

WHY ARE WE SEEING A WEAKENING DOLLAR, AND WHAT DOES IT MEAN FOR THE ECONOMY?

WE ASK JOSE JURADO VADILLO FROM THE SEIDMAN RESEARCH INSTITUTE.

THREE-YEAR LOW, WHAT IS GOING ON WITH THE DOLLAR?

>> A COUPLE OF FACTORS IN PLAY.

HAVE YOU POLICY UNCERTAINTY, REGARDING TRADE.

YOU HAVE TARIFFS ALL OVER THE PLACE, AND THAT PUTS A LOT OF UNCERTAINTY IN THE BUSINESS HERE.

SECONDLY, YOU HAVE A SLOWING ECONOMY, WHICH TIES TO THE FIRST FACTOR.

WE'RE CURRENTLY EXPECTING 1.6% GDP GROWTH THIS YEAR -- I'M SORRY, 1.4% THIS YEAR AND POSSIBLY 1.6 NEXT YEAR.

WELL OFF OUR 2% TRAJECTORY OF GROWTH, BUT I THINK THAT THE MORE IMPORTANT FACTOR IS EVEN BEFORE THIS DEAL WAS SIGNED, THE CONGRESSIONAL BUDGET OFFICE WAS FORECASTING THAT BY 2054, THE DEBT TO GDP RATIO COULD BE 16%, CLEARLY UNSUSTAINABLE LEVEL.

TED: INDEED, SOUNDS LIKE GLOBAL INVESTORS ESPECIALLY WITH THE GDP LEVEL, GLOBAL INVESTORS NOT AS ENAMORED WITH THE U.S. ECONOMY AS THEY USED TO BE.

IS THAT WHAT'S HITTING THE DOLLAR HERE?

>> THE STATUS OF THE DOLLAR AS RESERVE CURRENCY IS NOT AT RISK.

HOWEVER, INTERNATIONAL INVESTORS HEDGING EXPOSURE THROUGH FINANCIAL INSTRUMENTS OR THROUGH LESS HOLDING OF EQUITY OR OTHER FORMS OF DEBT.

TED: ARE THEY ROTATING OUT OF THE U.S.

INTO EUROPE AND OTHER AREAS?

>> I'M SURE SOME OF THEM ARE.

TED: YEAH.

IS THAT SOMETHING WE'RE LIKELY TO SEE MORE ESPECIALLY WITH THE MENTION OF TARIFFS AND GLOBAL TRADE?

>> I WOULD EXPECT INTERNATIONAL INVESTORS AND OTHER LARGE INVESTORS TO HEDGE THEIR EXPOSURE TO THE U.S. TO SOME EXTENT.

I DON'T FORESEE THEM NECESSARILY DUMPING U.S. SECURITIES AT A LARGE-SCALE, BUT IT ONLY REQUIRES THEM TO STOP BUYING OUR TREASURY BILLS FOR THE DEALS TO RISE.

TED: RIGHT, RIGHT.

CORRECT ME IF I'M WRONG HERE.

A LOWER DOLLAR MEANS LESS PURCHASING POWER, WOULDN'T THAT EQUATE TO MORE INFLATION?

>> CORRECT.

THERE ARE ESTIMATES PUT UP BY PEOPLE.

CURRENT RANGE IS 10% DEPRECIATION OF THE DOLLAR WILL LEAD TO 0.3 TO 0.5% INCREASING INFLATION.

TED: OKAY, WE'RE FIGHTING INFLATION RIGHT NOW.

DOING OUR BEST TO FIGHT INFLATION, WHAT DOES THAT MEAN AS FAR AS THE FED AND INTEREST RATES?

>> SO THE MARKET WAS PREVIOUSLY PRICING THE LIKELIHOOD OF ONE OR TWO RATE CUTS LATER THIS YEAR.

HOWEVER, THE FED MADE CLEAR THAT THEY'RE WAITING -- THEY'RE GOING TO WAIT AND SEE WHAT THE INFLATIONARY CONSEQUENCES OF THE TARIFFS ARE GOING TO BE, SO MY GUESS IS, YOU KNOW, THE FLIGHT AWAY FROM THE U.S. DOLLAR IS GOING TO DECREASE THE RANGE OF OPTIONS OF THE FED AND MAKE IT LESS LIKELY TO CUT RATES.

>> I WAS GOING TO SAY, RATE CUTS, YOU WOULD THINK A WEAKER DOLLAR AND RATE CUTS GO HAND IN HAND, YOU DON'T WANT THAT.

NOT GOING TO MAKE THE PRESIDENT VERY HAPPY.

HE WANTS TO SEE THE CUTS BUT THE WEAKENING THERE IS NOT HELPING MATTERS ANY?

>> THAT'S CORRECT.

THE PRESIDENT WANTS TO SEE CUTS, HIGHER DEALS INCREASE THE COST OF SERVICING OUR NATIONAL DEBT.

HOWEVER, ONE THING TO KEEP IN MIND IS THAT THE FEDERAL RESERVE HAS CERTAIN ABILITY TO INFLUENCE SHORT-TERM RATES, BUT LONG-TERM RATES ARE MUCH HARDER TO INFLUENCE THROUGH MONETARY POLICY.

TED: INTERESTING.

COULD EVERYTHING WE'RE TALKING ABOUT, COULD ALL OF THIS CHANGE IN THE SECOND QUARTER?

COULD ALL OF THIS CONCERN OVER THE WEAKENING DOLLAR BE COMPLETELY OVERBLOWN WITH THE NEXT SET OF NUMBERS COMING IN?

>> CERTAINLY ROOM FOR MARKET MOVEMENT IN EITHER DIRECTION, HOWEVER, I THINK SOME OF THE FUNDAMENTALS THAT WE'RE SEEING IN TERMS OF THE SIZE OF THE DEPTH AND THE FISCAL TRAJECTORY GOING FORWARD ARE MUCH HARDER TO MOVE AWAY FROM.

TED: IN TERMS OF FINANCIAL INTERESTS, U.S. EXCEPTIONALISM, THE DOLLAR HAS ALWAYS BEEN THERE, THE BASIS OF EVERYTHING, THAT IS STILL RELATIVELY STRONG?

>> YES, THAT'S CORRECT.

THERE'S LONG-TERM MOVEMENT BY CERTAIN COUNTRIES TO DIVERSIFY AWAY FROM THE DOLLAR, SUCH AS CHINA, BUT CONDUCTING A LOT MORE OF THEIR TRANSACTIONS IN THEIR OWN CURRENCY AS OPPOSED TO THE DOLLAR, THE STATUS OF THE DOLLAR AS A RESERVE CURRENCY REMAINS STRONG.

TED: NOWHERE ELSE TO GO, RIGHT?

>> THAT'S CORRECT.

TED: JOSE JURADO VADILLO, GOOD INFORMATION AND GOOD TO HAVE YOU HERE, THANK YOU.

>> THANK YOU.

.

TED: IT'S THAT TIME OF YEAR WHEN LOCAL HIKING TRAILS ARE THE SCENE OF RESCUE OPERATIONS AS VISITORS MAKE THE MISTAKE OF GOING OUT FOR A HIKE IN THE MIDSUMMER HEAT.

JOINING US IS PHOENIX FIRE CAPTAIN ROB McDADE, WHAT CAN BE DONE TO KEEP IT FROM HAPPENING.

THANK YOU FOR JOINING US.

>> THANKS FOR HAVING ME.

TED: THE STORY STARTS WITH A FAMILY OF 11 ON SOUTH MOUNTAIN INCLUDING A CHILD AS YOUNG AS 3.

WHAT WAS THAT ABOUT?

>> THAT WAS DISAPPOINTING, WE HAVE A HISTORY OF RESCUES ON THE MOUNTAINS, IT'S NOT UNCOMMON, THAT WAS AN EXTREME HEAT DAY, RIGHT AT NOON WHEN THE CALL WENT OUT, AND THE CALL SORT OF BUILT FOR US, A FAMILY AND ONE OF THE CHILDREN WAS HAVING PROBLEMS WITH THE HEAT, HAVING HEAT-RELATED ILLNESSES, SO WE DISPATCHED A TECHNICAL RESCUE TEAM TO TAKE CARE OF IT.

AS WE WERE MAKING OUR WAY TO THE MOUNTAIN, IT KEPT GROWING, AND ALL OF A SUDDEN CAME OUT FIVE CHILDREN WITH SIX ADULTS AND THAT BECAME A LARGE OPERATION FOR US.

TED: NOW, WAS THAT TRAIL OPEN?

>> IT WAS A CLOSED TRAIL, RESTRICTED TRAILS ON EXTREME HEAT DAYS AND THAT TRAIL ON SOUTH MOUNTAIN WAS ONE OF THE CLOSED TRAILS THAT DAY.

TED: WERE THERE WARNING SIGNS SAYING THIS TRAIL IS CLOSEED?

>> YEAH, THERE ARE NUMEROUS WARNING SIGNS.

IN FACT, I WAS OUT THERE THAT DAY, SANDWICH BOARD-TYPE SIGNS YOU HAVE TO WALK AROUND ON THE TRAIL TO ACCESS IT FROM EVERY POINT ON THE TRAIL.

TED: THESE ARE EASY TO SEE, IT IS NOT LIKE, HEY, I HAD NO IDEA.

>> NO, YOU HAD TO WALK AROUND THE SIGNS TO GET ON THE SINGLE-TRACK TRAIL.

TED: WHAT LEADS TO A CLOSURE.

A CERTAIN THRESHOLD THAT HAS TO BE HIT?

>> THERE IS, THIS IS A LONG-FORMING THING, WE HAVE A PARKS DEPARTMENT, A PARKS BOARD, THAT IS OUTSIDE OF THE CITY GOVERNMENT THAT WORKS WITH THE CITY GOVERNMENT, AND THE PHOENIX FIRE DEPARTMENT.

THIS HAS BEEN IN THE WORKS FOR YEARS AND FINALLY LANDED THAT NATIONAL WEATHER SERVICE PUTS OUT A HEAT ADVISORY.

WE FOLLOW THEM.

THEY'RE THE EXPERTS.

DEWPOINT IS AT A CERTAIN RATE, TEMPERATURE AT A CERTAIN RATE, IT'S INHOSPITABLE FOR HIKERS, WE CLOSE THREE MAJOR MOUNTAINS.

TED: OKAY, HOW COMMON IS IT FOR RESCUE OPERATION IN THE MIDDLE OF SUMMER, IN THE MIDDLE OF A HOT DAY, CLOSED TRAIL OR NOT A CLOSED TRAIL, HOW COMMON IS THIS?

>> UNFORTUNATELY A LITTLE TOO COMMON FOR US.

WE GET THEM IN PEAK TIMES.

OUR MOUNTAIN RESCUES ARE YEARAROUND, WE SEE A PEAK DURING FEBRUARY WHEN WE HAVE THE WASTE MANAGEMENT.

EITHER A SUPER BOWL OR NATIONAL CHAMPIONSHIP OR A FINAL FOUR IN TOWN, A REAL BIG INFLUX, THE CAR SHOW, BUT IN THE SUMMER, WE SEE UNFORTUNATELY TOO MANY OF THESE HAPPEN.

AGAIN, WE AVERAGE COUPLE HYUNDAI YEAR, SOMEWHERE MINIMAL, WE WALK THEM DOWN, SOME WE AIRLIFT OFF WITH A HELICOPTER, AND SEND OUR FOLKS IN VERY, VERY HOT TEMPERATURES, AND THE RESCUERS ARE ON THE TRAILS TO GET THEM DOWN.

TED: THAT'S NO EASY TASK FOR THEM EITHER.

THIS FAMILY, WAS ANYONE CITED FOR THIS?

>> AGAIN, PARKS BOARD IS IN CHARGE, OR THE PARKS DEPARTMENT WOULD ISSUE THE CITATIONS AND THEN PHOENIX PD WOULD LOOK INTO ENDANGERMENT.

LUCKILY FOR US, I'M NOT OBFUSCATING THE ANSWER, LUCKILY FOR US, THE PHOENIX FIRE DEPARTMENT, WE HIT THE MOUNTAIN, WE FOCUS ON SAFETY, GETTING THEM DOWN AND LET OUR FOLKS FIGURE OUT WHO GETS CITED AND WHEN.

TED: DO PEOPLE EVER GET CITED FOR THIS ACTIVITY?

>> I BELIEVE THAT CITATIONS HAVE BEEN ISSUED, AND I BELIEVE -- THIS IS SUCH A NEW PROGRAM, I THINK EVERYBODY IS TRYING TO FIGURE OUT WHEN AND WHERE DO WE APPLY THAT, AND LIKE I SAID, THE PHOENIX FIRE DEPARTMENT DOESN'T HAVE TO MAKE THOSE DECISIONS.

TED: FOR THOSE WATCHING RIGHT NOW AND THINKING I THINK TOMORROW AT NOON MIGHT BE A GREAT TIME TO HIT SOUTH MOUNTAIN, WHAT DO YOU TELL THEM?

>> USE THE STAIRWELL IN YOUR BUILDING IF YOU WORK DOWNTOWN.

GO TO THE GYM, A GREAT TIME TO GO TO THE MOVIES.

WE WANT TO ENCOURAGE RECREATION.

AND I WANT TO SAY THIS FAMILY WANTED A DAY OUT WITH FAMILY.

YOU CAN APPRECIATE THAT.

I'M GLAD THEY DIDN'T WANT THEM AT HOME LOOKING AT SCREENTIME.

HOWEVER, LET'S BE SMART AND SAFE.

TED: DID YOU GET AN EXPLANATION ON THIS PARTICULAR FAMILY WHAT THEY WERE THINKING?

OR WAS IT LET'S JUST GET THEM OUT OF HERE?

>> I THINK IT WAS LET'S GET THEM OUT OF THE HOUSE.

OVERWHELMED BY FIVE CHILDREN, SEEMED LIKE A GOOD DAY TO GO HIKING BUT UNFORTUNATELY COULD HAVE BEEN VERY TRAGIC.

TED: WAS IT NORTH MOUNTAIN, SOUTH MOUNTAIN AND CAMELBACK?

>> THE MORMON LOOP, THE HUMBOLDT AND THE ONE THAT GOES TO THE TOP.

TED: WHICH ONE GETS THE MOST RESCUES?

>> ECHO CANYON AT CAMELBACK.

THAT'S OUR EIFFEL TOWER.

WHEN PEOPLE COME FROM OUT OF TOWN, WE WANT TO GO HIKE ON CAMELBACK MOUNTAIN.

WE SEE IT ON SOCIAL MEDIA.

THAT'S THE MOUNTAIN TO GO.

TED: GOOD INFORMATION, ARE THESE PEOPLE VISITORS OR LOCALS WHO REALLY SHOULD KNOW BETTER?

>> WE HAVE A BIG MIX OF 80% LOCAL, 20% FROM OUT OF TOWN.

TED: 80% LOCAL?

CAPTON ROB McDADE, PHOENIX FIRE.

ALL RIGHT, IF YOU SEE ME OUT, THERE YOU KNOW I COMPLETELY LOST MY MIND.

>> WE'LL MAKE SURE YOU DON'T GET ON THE MOUNTAIN, TED.

TED: GOOD INFORMATION, THANK YOU.

>> THANK YOU.

TED: THAT'S IT FOR NOW.

I'M TED SIMONS.

THANK YOU FOR JOINING US.

YOU HAVE A GREAT EVENING.